CrediX’s Big Mistake: Hacker Gains Admin Rights! 💸

Oh, what a tragicomedy of errors! 🕵️‍♂️ The DeFi darling CrediX, once a beacon of hope in the crypto cosmos, now finds itself in a most undignified predicament. A most unscrupulous individual, with the subtlety of a sledgehammer, was bestowed with the sacred title of multisig admin and bridge controller—six days ago, no less! 🚨 With a flick of their digital wrist, they minted collateral like it was confetti and borrowed enough to make a pirate blush. The liquidity pool, once a thriving garden, now lies barren, a victim of this most dramatic of heists. In a move as dramatic as a Shakespearean tragedy, CrediX has shut its website, lest new deposits join the fray. One might wonder, dear reader, if their $60 million credit line in 2023 was merely a red herring, a sardonic nod to the perils of modern finance. 🤷‍♂️

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2025-08-04 15:24